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Entrepreneurship
Entrepreneurship 2
Entrepreneurship 3
Starting a Business
Starting a Business 2
100

What is the process of starting and running one's own business.

Entrepreneurship

100

The second stage/step in the entrepreneurship process.

What is Planning

100

Primary and secondary data

What are the sources of information when conducting research

100

 Financial Independence, Self fulfillment, FulfillWhat passion, self actualization

What are reasons for starting a business?

100

What is the component of a business plan that has a brief one-to two-page description of the key points of each section of the business plan

What is an Executive Summary?

200

What is generating ideas, recognizing opportunity, and studying the market.

Conceptualizing

200

Total number of stages/steps in the entrepreneurship process (establishing a business)

What is six (6)

200

Providing goods and services, creation of jobs and nation building

What are entrepreneur's role in economic development?

200
Business Plan
What is a detailed proposal that describes a new business?
200

 The component of the business plan that includes financial statements that will help forecast the future financial health of the business?Financial Plan

What is Financial Plan

300

Entrepreneur

What is an individual who undertakes the risk associated with creating, organizing and owning a business.

300

When the entrepreneur recognizes an opportunity, and study the market to how possible or profitable the idea would be.

What is a Feasibility Study?

300
Personal Characteristics of a successful entreperneur
What are: goal-oriented, self-confident, and risk taker.
300
Components of a business plan
What has an executive summary, product/service plan, management plan. and an operational plan?
300
Operational Plan
What component of a business plan that includes all processed involved in producing and /or delivering the product /service to the customer?
400

Planning

What is the stage when the entrepreneur decides on business' future growth, development or demise.

400

The fourth stage/step  in the process of establishing a business.

What is a business plan.

400
Skills needed by successful entrepreneur
What are communication skills, human relation skills, and math skills.
400

Organizational Plan

What is component of the business plan that has the management philosophy, key management personnel and employment policy?

400

The component of a business plan that analyzes the customers, competition, industry and demographic data ?

What is the Industry/Market Analysis?

500

What is the stage when the entrepreneur develop the idea, identify strategies to create and produce.

Conceptualizing

500

What is the stage when the entrepreneur apply for loans, find ways to finance the business idea

Acquiring of funds

500

The entrepreneur has to identify his financial, human and material resources.

What is identification of resources?

500

Building partnerships with communities by contributing towards community projects, this will help members of the community to improve their well- being

What is collaborating?

500
Patents
What is the license that protect invention of products/ processes from theft?